Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against KuCoin−0.056%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,247as in the Price arb table
costs, in and out, $10k−$1,24312.428% of the position
Funding, last 7 days+0.174%+$17 on $10k
+Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.056%, 7d avg −0.011%
=Funding pays, the price is against you. BingX is 0.045% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of −0.011%). If the spread goes back, that is −$5 on $10k: about 36 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KAVAUSDTM | 0.07131 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $357K | $41K | 12x |
| Short | BingX KAVA-USDT | 0.07127 | 0.0200 | get 0.0100% / 4h | 1h 47m | — | $2.3M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: −0.056% → −0.011%
- −$4.53
- Slippage, 4 orders
- −$1,220.83
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,226.37
- Costs to cover
- 12.428%
- Break-even
- 415.8 days
Slippage from KuCoin: live order book, 24 min ago; BingX: live order book, 16 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 24 min ago | 16.72 bp | 573.0 bp −$573 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 16 min ago | 3.49 bp | 11.8 bp −$12 | 16.0 bp −$160 | 271.6 bp −$27.2K | 806.4 bp −$403.2K |
KAVA on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KAVAUSDT | +0.0100% | 4h | 0.07124 | −0.098% | $7.7M | $7.0M | 50x | as long as short |
| Bybit KAVAUSDT | +0.0100% | 8h | 0.07124 | −0.098% | $1.3M | $569K | 25x | as long as short |
| Gate KAVA_USDT | +0.0100% | 4h | 0.07132 | +0.014% | $499K | $67K | 25x | as long as short |
| MEXC KAVA_USDT | +0.0100% | 4h | 0.07123 | −0.112% | $398K | $141K | 20x | as long as short |
| KuCoin KAVAUSDTMlong | +0.0100% | 4h | 0.07131 | long leg | $357K | $41K | 12x | |
| Bitget KAVAUSDT | +0.0100% | 4h | 0.07125 | −0.084% | $782K | $255K | 25x | as long as short |
| Variational Omni KAVA | +0.0100% | 8h | 0.07154 | +0.328% | $2K | $1 | — | as long as short |
| BingX KAVA-USDTshort | +0.0200% | 4h | 0.07127 | −0.056% | — | $2.3M | — | |
| Kraken Futures PF_KAVAUSD | +0.0854% | 1h | 0.07139 | +0.115% | $44K | $25K | 10x | as long as short |
KuCoin KAVAUSDTM
BingX KAVA-USDT
Binance KAVAUSDT
Bybit KAVAUSDT
Gate KAVA_USDT
MEXC KAVA_USDT
Bitget KAVAUSDT
Variational Omni KAVA
Kraken Futures PF_KAVAUSD